Horror movies are easy to make - that is a general assumption. And if you take the low budget efforts you can see that it seems that way. On the other hand, while it is "easy" to do them (and cheap mostly), it is not easy to make really good ones. Ones that stay with you long after you've seen that.

I doubt very much that even those who liked this movie, will remember it days after watching it or even go for a rewatch. Having said that, I have seen way worse movies and there is some fun here. Especially with the somewhat witty characters (knowledgeable I reckon would be the better term, when it comes to their horror movies - and quite a few are referenced here). Intentions are good and some will be entertained by this to a degree but for most it probably is something to avoid entirely.